Excellent Multi Family/ Mixed Use INCOME PRODUCING 14 unit/condo building located on Ventnor Avenue in Ventnor, NJ. Building and units are well maintained by a very qualified long time owner keeping all state licenses and city inspections up to date. This building is located steps from beach, shopping, entertainment, and dining. Also, tenants have easy access to NJ Transit Bus stop and Atlantic City Jitney stop making this location ideal for transportation. Building makeup consists of 13 apartments and one store with many long-term tenants: Five 2-bedroom units, eight 1-bedroom units and one store. Building is 100 % occupied ( 1 unit being renovated ). All units are separately metered for electric and gas. Water, sewer and gas heat paid by owner. NOI of $ 99,041. Perfect for 1031 tax exchange or investment property. Call listing agent for more information or private tour. THIS OPPORTUNITY WILL NOT LAST LONG!
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